Jim Covello, Goldman Sachs’s head of stock research, warned that building too much of what the world doesn’t need “typically ends badly.” ...

The head of stock research at Goldman Sachs, Jim Covello, believes that the burgeoning AI industry could be in for a rude awakening. As the New York Times reports, Covello closely followed the ...

But not everyone is convinced AI will be such a big deal. It’s certainly not a big factor yet, says Jim Covello, head of global equity research at Goldman Sachs.

Jim Covello, head of global equity research at the investment bank, is far more skeptical than his colleagues on the economics team.

“There’s not a single thing that this is being used for that’s cost-effective at this point,” Jim Covello, an influential Goldman analyst, said on a company podcast.

The economics of AI versus earlier technological breakthroughs are questionable, observes Jim Covello, head of global equity research at Goldman Sachs.

Goldman Sachs analyst Jim Covello argued that “the technology isn’t designed to solve the complex problems that would justify the costs” in last week’s report.

Tras más de tres décadas en Wall Street, Jim Covello ha aprendido lo doloroso que puede ser apostar contra una burbuja tecnológica. El mercado acostumbra a acumular riquezas, mes tras mes ...

Artificial intelligence is front and center in discussions across businesses. Check out the three thoughts from recent earnings calls on AI and its impact.

Jim Covello, the head of stock research at Goldman Sachs, has become Wall Street’s leading AI skeptic.

AS JIM Covello’s car barrelled up Highway 101 from San Jose to San Francisco this month, he counted the billboards about artificial intelligence (AI). The nearly 40 signs he passed, including one that ...

The head of stock research at Goldman Sachs, Jim Covello, believes that the burgeoning AI industry could be in for a rude awakening.